Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,074 members, 7,818,215 topics. Date: Sunday, 05 May 2024 at 10:30 AM

Why Is Student's Loan Not Obtainable In Nigeria? - Education (2) - Nairaland

Nairaland Forum / Nairaland / General / Education / Why Is Student's Loan Not Obtainable In Nigeria? (14238 Views)

Obtainable Options For A 2:2 Grad For Postgraduate Program In Europe Or America / FUTO Confirms Names Of 3 Dead Students, Says Lady Is Student Of NEKEDE (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Bollinger(m): 7:05am On Oct 11, 2016
Goddys:
I sat in deep thought with many things running through my mind trying to grapple the reason why things and state of affairs are 'specially' harder in Nigeria.

One of the things my mind was ruminating on was the absence of Student loan in Nigeria financial institutions to help students who are financially handicapped. I have read on the internet, magazines and other publications where it was highlighted on the availability of such loans to students in other climes.

It is glaring that Nigeria government is not doing enough when it comes to its responsibility towards education sector and this can be seen in the light of the above position. A society that does not value education is no better than a barbaric society of neanderthal era.Thus the need for revolution in Nigeria education sector.

Lol. You are funny. Putting "student loan" and "Nigeria" in the same sentence, is same as saying "space travel" and "Nigeria". We both know both scenarios will never happen because Nigeria is not a normal country and Nigerians are not normal people.

2 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 7:07am On Oct 11, 2016
onatisi:
Because there is high rate of unemployment in the nation and secondly there is no good concrete citizens data base.

Yet WE foolishly continue to praise those whom we elected to SERVE us who have turned around to LOOT us silly.
Should we not be holding them more ACCOUNTABLE so they steal less and make more money available for:

- adequately staffed and properly equipped schools for all our children.
- electricity
- tap water.
- roads that are well MAINTAINED.
- clinics and hospitals that are well equipped and adequately staffed.
- railways.
- light rail metro


so that JOBS are created for us all instead of running away from our own country to be slaves elsewhere


www.nairaland.com/attachments/4024041_image_jpeg_jpeg6f95b5e7a24ad4fc0808d6698fd37362


www.nairaland.com/attachments/2594708_2015070614_49_24_jpeg729d77cc44780fac0baef3b112466d22

3 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by spenca: 7:08am On Oct 11, 2016
Where are the jobs to repay them ?

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 7:10am On Oct 11, 2016
prof1990:
Oga both parties either PDP or APC none has ever cared about it. Wasn't it during your heroes tenure universities went on strike for 6months?
Until y'all stop defending parties and start defending yourselves these govt will continue to do anyhow

Facts are sacred.
Everyone is entitled to his opinion.

BTW, I thought we should hold our public servants to their promises ni? Do you disagree

anonimi:
www.nairaland.com/attachments/2044454_19_jpeg679db6b81a9bf927f70c81bd1418fcff



www.nairaland.com/attachments/2044464_12_jpegd077e4317cde1e70737c7d5616929159



www.nairaland.com/attachments/2044465_15_jpegb06e00b230527202d3420d52eb4760e1



www.nairaland.com/attachments/3043814_facebook20151105005801_jpeg1027baba4e35e791f3661e85d47d5487

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 7:13am On Oct 11, 2016
spenca:
Where are the jobs to repay them ?

The Association of ProgreTHIEF Criminals, APC will soon make them available as PROMISED by their 2011 "expired" leader who became our "only saviour" in 2015. grin embarassed angry


www.nairaland.com/attachments/3054865_vp_jpeg444345bcdcb410269d58d4e2bb72121a



www.nairaland.com/attachments/2236329_fbimg1426964019374_jpegf0426a8233bbbeb8b2d08838e693f36e



www.nairaland.com/attachments/3763128_fbimg1463311758295_jpeg995bb45c6ff7e34155c1521df4bdff85

2 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 7:15am On Oct 11, 2016
Bollinger:
Lol. You are funny. Putting "student loan" and "Nigeria" in the same sentence, is same as saying "space travel" and "Nigeria". We both know both scenarios will never happen because Nigeria is not a normal country and Nigerians are not normal people.

Please, do you mind telling us what is abnormal about YOU
Thanks.


www.nairaland.com/attachments/3504410_internet_jpeg8efe841e125b21f5a740dc528a146d09

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by 989900: 7:15am On Oct 11, 2016
The ones wey go school don see job? Una wan add una join . . . 'abeg carry una wahala and go o'. tongue

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Pavore9: 7:17am On Oct 11, 2016
anonimi:


The National ID card project was another STEALING avenue for Ebola Owu who almost got a 3rd term from us and continues to be IDOLISED by many of his dumbfounded fellow citizens. angry shocked


www.nairaland.com/attachments/2829397_screenshot201412071133571_jpeg8e776d1183226bc80c2560544562a452

It is really sad because if it was well executed, it would have eased things up for many.

4 Likes 2 Shares

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Nobody: 7:17am On Oct 11, 2016
anonimi:


Facts are sacred.
Everyone is entitled to his opinion.

BTW, I thought we should hold our public servants to their promises ni? Do you disagree

www.nairaland.com/attachments/3043814_facebook20151105005801_jpeg1027baba4e35e791f3661e85d47d5487

Don't go there bro it's obvious your pro Jonathan. The same Jonathan that made university students sit at home for 6months?

Stop encouraging mediocrity and corruption abeg. This govt is corrupt I agree but Gejs govt was worse abeg.
Re: Why Is Student's Loan Not Obtainable In Nigeria? by adepiero: 7:20am On Oct 11, 2016
In my opinion, granting the loan is not a big deal but how do you pay back?

Some schools abroad allow you to work in sch to pay your loan or you can get a part time job but here in Nigeria, such things are not available.

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by nextstep(m): 7:23am On Oct 11, 2016
What about the highly-subsidized school fees in Federal universities and state polytechnics? You think the fees students pay actually covers salaries, building costs, facilities maintenance and other expenses?

Student loans may seem to be a good idea, but f the choice is lower tuition or student loans that saddle you for 20+ years (ask US post graduates), the subsidized version seems to make more sense for the students.

3 Likes 1 Share

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Bollinger(m): 7:23am On Oct 11, 2016
anonimi:


Please, do you mind telling us what is abnormal about YOU
Thanks.


www.nairaland.com/attachments/3504410_internet_jpeg8efe841e125b21f5a740dc528a146d09

Where did i say i was abnormal. I said Nigerians. Or can't your read? Even if you cannot read at least you can see. Do Nigerians act like normal people to you? If it does, then explain why the OP is asking a question that is normal in countries where it's people are normal.

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by 4nobody4every1: 7:32am On Oct 11, 2016
anonimi:


.......including Baba Promise & FAIL who is renting Aso Rock from us currently. angry







www.nairaland.com/attachments/3131247_cu55se7vaaaykzj_jpeg8d3b0e22c761643e651e5d09f82d1552
You have started again, despite all my caution to you to refrain from tarnishing the ruling APC Federal government, if any man is in APC he is a new person, old sins are all forgiven wink we shall keep you away online for a very long time, EFCC, DSS, ICPC is on your file currently grin grin grin
Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 7:35am On Oct 11, 2016
prof1990:
Don't go there bro it's obvious your pro Jonathan. The same Jonathan that made university students sit at home for 6months?

Stop encouraging mediocrity and corruption abeg. This govt is corrupt I agree but Gejs govt was worse abeg.

Yes, I am pro-Jonathan vis-a-vis Buhari and for good reason.
Their records on education speaks volumes on who is more mediocre and corrupt along with Ebola Owu, the navigator of Buhari's Association of ProgreTHIEF Criminals, APC
Just another FACT!


www.nairaland.com/attachments/2066181_109315253423544626188034164921766947151069n_jpegacb37fe73c651f856a3f80eea0cac2b7


...F A C T.. C H E C K ...

'Obasanjo and Atiku in 8 years built one UNIVERSITY each for themselves....Bells and ABTI.
They built NONE for Nigerians.

Jonathan and Sambo in 4 years built 14 (FOURTEEN) new universities for all Nigerians.
NONE for themselves.

NOTE: OBJ and ATIKU are now consultants/sponsors/piloters/members of APC....



www.nairaland.com/attachments/2023224_106334837960003637540871239247822158463153o_jpega322806fc65b78cc91e1dd619380fecb

Sourced from: https://www.nairaland.com/2146237/why...ive/4#30711260

2 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 7:37am On Oct 11, 2016
Bollinger:
Where did i say i was abnormal. I said Nigerians. Or can't your read? Even if you cannot read at least you can see. Do Nigerians act like normal people to you? If it does, then explain why the OP is asking a question that is normal in countries where it's people are normal.

Are you saying that YOU are not a Nigerian
I am Nigerian and very normal.


www.nairaland.com/attachments/2995823_img20151001045439_jpegab04322a9213336241039a1276e3723a

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Kenyanstar: 7:39am On Oct 11, 2016
KENYAN CASE STUDY ON EDUCATION

The Kenyan government efforts in securing loans for students right from primary level to university level is a role model case study of how the education system should be subsidized for the masses.
1. Right from primary education the government provides free primary education in all public schools to all students.
2. All primary school going children in class 1 in all primary schools are provided with free laptops as a requirement by the government with 2019 as the deadline for all public and private schools to have laptops for each student.
3. All public secondary school going children have half of their fees paid by government as subsidies.
4. Public school who attain automatic university entry points have their university fee subsidized by 2/3rds and still qualify for HELB(Higher education loans board) loan.
5. If a university student qualifies for a university loan they enjoy fully catered fee payment right from Admision fee, exam, housing/hostel facilities provided by all public institutions and also free meals catered for.
6. HELB loans can be accessed by anyone through their online platform and are speedily attended to without bias.
7. The government provides CDF( Constituency development fund) for all the 360 constituencies in the country which is led by the local member of parliament where an amount is set aside for needy students as free bursary up from secondary to university level.

3 Likes 1 Share

Re: Why Is Student's Loan Not Obtainable In Nigeria? by gemale(m): 7:42am On Oct 11, 2016
Simple deres serious unemployment & underemployment. Hw wld d person b able 2 pay back d money he/she used 2 go 2 skul when afta skuln, gainful employment cnt b secured?
Re: Why Is Student's Loan Not Obtainable In Nigeria? by Bollinger(m): 7:50am On Oct 11, 2016
anonimi:


Are you saying that YOU are not a Nigerian
I am Nigerian and very normal.


www.nairaland.com/attachments/2995823_img20151001045439_jpegab04322a9213336241039a1276e3723a

There are lots of crime in America. Plenty of it. But the general concensus is compared to many other countries, it is a safe place. The mistake you are making is assuming it is about you. You forget that you are part of a vast collective of a very abnormal society. When the outside world looks at Nigeria, they are not going to say "oh, anonimi is normal so Nigeria must be ok". The world looks at the percentage of ridiculous things that occur before making conclusions and the conclusion is Nigeria is not a normal country. And least i forget, aren't you the guy going about posting this youtube video? If you honestly believed that Nigerians are normal, you would not have one of your most respected artist calling you all "mumu". And i ain't no Nigerian. I have disowned that country a long time ago. I only come here to make fun of people who don't fully grasp the dire situation they are in.


https://www.youtube.com/watch?v=vPytmuhYDAU

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by dovie002(m): 7:50am On Oct 11, 2016
prof1990:


Don't go there bro it's obvious your pro Jonathan. The same Jonathan that made university students sit at home for 6months?

Stop encouraging mediocrity and corruption abeg. This govt is corrupt I agree but Gejs govt was worse abeg.
1. We didn't experience economy recession during GEJ term
2. No NYSC slashing during his time. I'm not a politian but just to clear you that GEJ regime was far better than what we've experienced over the last 1year of this administration

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Kenyanstar: 7:50am On Oct 11, 2016
gemale:
Simple deres serious unemployment & underemployment. Hw wld d person b able 2 pay back d money he/she used 2 go 2 skul when afta skuln, gainful employment cnt b secured?

Kenya faces a similar challenge in terms of formal employment, but in its case it has tried to encourage youths to enter into informal employment where youths start their own SMEs( small medium enterprises) through the revolutionary Youth development fund project wich was set up by the government to discourage over dependence on seeking for employment from government institutions. You can google and check the concept of the YOUTH DEVELOPMENT FUND in Kenya.

3 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by iWise(m): 7:52am On Oct 11, 2016
Goddys:
I sat in deep thought with many things running through my mind trying to grapple the reason why things and state of affairs are 'specially' harder in Nigeria.

One of the things my mind was ruminating on was the absence of Student loan in Nigeria financial institutions to help students who are financially handicapped. I have read on the internet, magazines and other publications where it was highlighted on the availability of such loans to students in other climes.

It is glaring that Nigeria government is not doing enough when it comes to its responsibility towards education sector and this can be seen in the light of the above position. A society that does not value education is no better than a barbaric society of neanderthal era.Thus the need for revolution in Nigeria education sector.

University tuition is already heavily subsidized at the federal level. Lack of student loans is definitely not one of the many things wrong with Nigeria's education sector.
Re: Why Is Student's Loan Not Obtainable In Nigeria? by Sezua(m): 7:58am On Oct 11, 2016
HAH:
Character, Cash, Capacity, Conditions and Collateral are the 5Cs of credit, the question is how many of this CS can a Nigerian student fulfill in real

Character= many cultists and oloshos, so no.
cash= if they had cash they wouldn't need loan na.
capacity= no job, so no.
conditions= economic recession, dollar hike, strike evriwhre.
collateral= from naija students? i hail. the only collateral u wud get is an android phone or laptop at best.
Re: Why Is Student's Loan Not Obtainable In Nigeria? by Nobody: 8:00am On Oct 11, 2016
dovie002:
1. We didn't experience economy recession during GEJ term
2. No NYSC slashing during his time. I'm not a politian but just to clear you that GEJ regime was far better than what we've experienced over the last 1year of this administration

How much was crude during Gejs regime?

How much is crude now?

We need to understand that both parties are not fit to preside.
Both men are not knowledgeable enough.
The problem with this country is we priotize religion and tribe over knowledge.
We have very intelligent experts out there that have ideas that can better this country but because they don't belong to a political party, tribe,religion we don't look at them for help.

All these politicians are career criminals abeg.

1 Like 1 Share

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Richy4(m): 8:00am On Oct 11, 2016
Other Country you mentioned got proper identification right from birth where the government/ Financial institutions will find them if they default in terms of payment .....

<<<<<Tomorrow if you change your name meanwhile you have borrowed a lot of money in an environment like Nigeria...where no one cares to ask why u have not gotten a proper id as old as you are, were they will just issue you a new one without batting an eyelid...How will the bank recover the money?

<<< If a Student collect student grant from Lagos and run to Zamfara state or other state, no proper housing unit number, where will they find you...Even some houses in some state has no number, some were not properly numbered... I even feel sorry for bankers that are on credit control section.... they are taking major risks... if customers disappear with their money how many years will it take to locate them...ie if they are found.... why do you think some of them tries to commit suicide when such happen....

<<< Do you know why most Nigerian abroad cannot claim those other countries' Nationality, because everyone can be identified right from birth... and you cannot be an adult to start filling forms for an ID. GIVEN the age that you want instead of the age that should have been in the system when you were born...
<<every black man in the world can claim to be a Nigerian because they discovered our weakness that we have no proper id got so many languages, so even if someone speaks zulu or sexsuana, how would you know if it was a Nigerian language..So Nigeria was not organized right from day one, doing that there will be a risky business. except if some of the points that I made were taken into consideration....

2 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 8:04am On Oct 11, 2016
Bollinger:
There are lots of crime in America. Plenty of it. But the general concensus is compared to many other countries, it is a safe place. The mistake you are making is assuming it is about you. You forget that you are part of a vast collective of a very abnormal society. When the outside world looks at Nigeria, they are not going to say "oh, anonimi is normal so Nigeria must be ok". The world looks at the percentage of ridiculous things that occur before making conclusions and the conclusion is Nigeria is not a normal country. And least i forget, aren't you the guy going about posting this youtube video? If you honestly believed that Nigerians are normal, you would not have one of your most respected artist calling you all "mumu". And i ain't no Nigerian. I have disowned that country a long time ago. I only come here to make fun of people who don't fully grasp the dire situation they are in.


https://www.youtube.com/watch?v=vPytmuhYDAU

Good for you that you could "disown" our country even though you come back online to disparage us.
I imagine that your folks and friends are also no longer Nigerians abi them no follow your footsteps ni?
Is making fun of us the best you can do for a country, which you still have to tell people you are originally from irrespective of your status anywhere in the world


www.nairaland.com/attachments/4263972_candidate168717520150430101652_jpeg5d095e7c3dfe8b5bf465a64450383689

2 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 8:08am On Oct 11, 2016
prof1990:
How much was crude during Gejs regime?

How much is crude now?

I thought that our "only saviour" PROMISED to fix the oil price ni?


www.nairaland.com/attachments/2186280_buhari2blaugh1_jpegc35d9ea4e30142f9302718e17f58f220


www.nairaland.com/attachments/2608988_obams_jpga864abdd8ccbf76b03513eef4858bbe0

3 Likes

Re: Why Is Student's Loan Not Obtainable In Nigeria? by Bollinger(m): 8:11am On Oct 11, 2016
anonimi:


Good for you that you could "disown" our country even though you come back online to disparage us.
I imagine that your folks and friends are also no longer Nigerians abi them no follow your footsteps ni?
Is making fun of us the best you can do for a country, which you still have to tell people you are originally from irrespective of your status anywhere in the world


www.nairaland.com/attachments/4263972_candidate168717520150430101652_jpeg5d095e7c3dfe8b5bf465a64450383689

Good that you can pick and choose what to respond to in my comment. I notice you avoided the core issues and selected what suits you. I will try to limit my responses so as not to confuse you. To your points, what would you do when you see handicapped people who don't know what they are doing and refuse to face facts about their situation? I would make fun of them till my death bed because they don't wan't to learn. Also, i don't matter, what matters are my children. My legacy. They will never know the horror of what it means to be a Nigerian. No one asks me where i'm from because no one cares.
Re: Why Is Student's Loan Not Obtainable In Nigeria? by anonimi: 8:20am On Oct 11, 2016
Bollinger:
Good that you can pick and choose what to respond to in my comment. I notice you avoided the core issues and selected what suits you. I will try to limit my responses so as not to confuse you. To your points, what would you do when you see handicapped people who don't know what they are doing and refuse to face facts about their situation? I would make fun of them till my death bed because they don't wan't to learn. Also, i don't matter, what matters are my children. My legacy. They will never know the horror of what it means to be a Nigerian. No one asks me where i'm from because no one cares.

Educate/Enlighten them!
Educate/Enlighten them more!!
Educate/Enlighten them even more!!!

If you a Nigerian can learn, why can't other Nigerians learn if you educate and enlighten them well enough





www.nairaland.com/attachments/2855782_imaginationwallpaper10708146_jpeg8ab611433e315906637ee14df7014eeb

1 Like

Re: Why Is Student's Loan Not Obtainable In Nigeria? by talktonase(m): 8:22am On Oct 11, 2016
mctifey:
Even a normal loan is difficult to get in Nigeria if you are a regular joe
ordinary bank of industry loan and agric loans Nigerians abscond with the cash without paying back.Is it our tertiary institution that breeds corruption in the minds of young people that you expect FG to venture into such.you must be dreaming!
Re: Why Is Student's Loan Not Obtainable In Nigeria? by biggie73(m): 8:23am On Oct 11, 2016
Student loans are sole responsibility of the government. Government (IBB, Obasanjo, Buhari, GEJ, Amaechi, Nuru, Tinubu, Kalu, Wike, Amosun, Daniels and co) will rather embezzle the fund than to give loans to aspiring and future jobless students.
Re: Why Is Student's Loan Not Obtainable In Nigeria? by columbus007(m): 8:33am On Oct 11, 2016
Lol..they will automatically turn ghost mood .

(1) (2) (3) (4) (Reply)

>ASUU To Call Off 2 Months Strike 20th August 2013??-VNTI ASUU / What Is The Diffrence Between Waec Certificate And Statement Of Result ? / PTDF Shortlisted Candidates For PHD Scholarship Scheme Interview 2017/2018

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 79
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.